"Once we get past Labor Day, we should see gas falling by 10 to 15 cents a month," said Tom Kloza, chief oil analyst with the Oil Price Information Service. "By December a lot of places are going to see gasoline at $2 or less." Iran could add as much as 500,000 barrels of oil per day to worldwide markets by the end of this year, according to experts at a recent Credit Suisse conference on Iranian sanctions and oil.Read that here.
Netanyahu is now waging a losing battle. The Americans will not walk away from the agreement, because then the partnership of the six great powers will disintegrate, and there can be no agreement in the UN Security Council to reimpose sanctions against Iran. [Haaretz]Before this historic achievement President Obama took his case to enter a pact with Iran directly to an American Jewish audience.
The president's remarks come during a period of deep tension in an already prickly relationship with Israel Prime Minister Benjamin Netanyahu, particularly over Obama's bid to strike a nuclear deal with Iran. Obama's appearance coincided with Solidarity Shabbat, devoted to showing unity by political leaders in Europe and North America against anti-Semitism. [Associated Press]How We Know AIPAC Wrote The GOP's "Treason" Letter To Iran
According to CBS on whether there are enough votes to override
I keep seeing a lot of assertions saying Iran now has a path to build a bomb without saying precisely how they would go about doing it.— Steven Dennis (@StevenTDennis) July 14, 2015